Market regulation · 12/08/1999Updated: 10/17/2026 · 1 min read
New York Mercantile Exchange Proposes Amendments to California-Oregon-Border and Palo Verde Electricity Futures Contracts
Summary
The New York Mercantile Exchange has proposed changes to the California-Oregon-Border and Palo Verde electricity futures contracts, reducing the hourly delivery rate and contract size, and modifying price limits, in an effort to streamline the market and increase efficiency.